Ethereum Price Sees Slight Decline As On-Chain Transactions Draw Attention

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Today, the price of Ethereum, the second-largest cryptocurrency by market capitalization, is experiencing a slight decline as it inches closer to the $3,000 mark. ETH witnessed a low of $3,071 before undergoing a modest recovery, with the current trading price settling at $3,114. Notably, Ethereum continues to show a 1% loss in value at press time. Recent on-chain reports have unveiled intriguing transactions involving significant amounts of ETH. Address 0x4E8…fA555 initiated a transfer of 8,150 ETH, valued at $25.64 million, to a Galaxy Digital OTC address, raising suspicions of a commissioned sale. 9,150 ETH Potential Relation With Recent Whale Transaction

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